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that the economies matter. i think whether it's been leon panetta, bob gates, admiral mullen, the constant focus on economic feminism, i don't know canada's net position with china, but it does raise this fundamental question of whether american debt is an asset or a liability. you know, the conference in dallas yesterday were recently, where someone made a comment that an american source of power to every different in the past that it defies the pentagon and the size american debt that we're too big to fail. deadhorse lake bigger problem than us. i be interested when you're anything about policy do you look at that as a source of leverage or does it strain american options tremendous a? >> steve, very simply, the u.s. situation with respect to our deficit and debt is a national security liability. we need our senior leadership. we need a senior leadership to take it on. we have an opportunity to do so. we have a requirement to do so. at the foundation of national power is ultimately economic comment and in terms of global influence, in terms of the ability to support a military, the economic is
commanded our respect in a remarkable way. part of it was because of his service in the war. he and bob dole, our former colleague, literally were wounded at about the same time in europe and were in the same hospital recovering from tremendously serious wounds. senator inouye, of course, later was awarded the congressional medal of honor for that. senator pryor was telling the story that when senator inouye was finally elected to congress he wrote senator dole a note and said, "i'm here. where are you?" because both of them, when they were recovering from their war wounds, had determined that one day they wanted to serve in the united states congress. inouye got here first. a few years ago senator inouye and senator ted stevens invited a number of us to go with them to china. it was quite an experience. senator stevens -- of course, another world war ii veteran -- had flown the first cargo play plane into what was then peking in 1974. and senator inouye was well-regarded in china for that service. and so the group of norse -- there must have been -- and so the group of norse -- ther of se m
and bob dole, our former colleague, literally were wounded at about the same time in europe and were in the same hospital recovering from tremendously serious wounds. senator inouye of course was awarded the congressional medal of honor for that. senator pryor was telling a story that's when senator inouye was finally elected to congress he rode senator dole aide notes that said, i am here. where are you? because both of them when they were recovering from their war wounds had determined that one day they wanted to serve in the united states congress and inouye got here first. a few years ago, senator inouye and senator ted stevens invited a number of us to go with them to china. it was quite an experience. senator stevens, of course another world war ii veteran, had flown the first cargo plane into what was then the king in 1944 and of course senator inouye was well regarded in china for that service. so the group of senators, there must have been a dozen of us from both parties, got more time with mr. hu and mr. wu the one and two leaders of china than almost the present of the uni
, into the treasury and funds development in eastern congo. bob hormats, undersecretary of state in the administration could be a kind of person who could help spearhead that, as someone who has helped build this public-private alliance that involves companies and the united states government and civil society, trying to help us promote responsible investment, spurred on by 1502 from the dodd-frank law. conclusion, my bottom one is this, two sentences. a credible internationally driven peace process that deals with the root causes and includes broader eastern congo civil society, both absolute to guarantee peace, but its absence, however, absolutely guarantees war. thank you very much. >> thank you very much indeed. mr. dizolele? >> chairman smith, ranking member bass, thank you for the invitation to testify before your committee. i come before you as a congolese and u.s. consensus and. the views expressed today, the statements are mine and mine alone. this important hearing comes as yet another critical time for the democratic republic of congo, and i'd like to commend you for your interest in my hom
sons, mark, bob, john and david, and the entire lugar family, most of which is with us here in the galleries today. their strength and sacrifices have been indispensable to my public service. i'm also very much indebted to a great number of talented and loyal friends who have served with me in the senate, including, by my count, more than 300 senators, hundreds of personal and committee staff members, and more than a thousand student interns. in my experience, it is difficult to conceive of a better platform from which to devote one's self to public service and the search for solutions to national and international problems. at its best, the senate is one of the founders' most important creations. a great deal has been written recently about political discord in the united states, with some commentators judging that partisanship is at an all-time high. having seen quite a few periods in the congress when political struggles were portrayed in this way, i hesitate to describe our current state as the most partisan ever, but i do believe that as an institution, we have not live
the fiscal cliff. senator bob corker also spoke to reporters. >> good morning. i am lamar alexander. this is my colleague bob corker. merry christmas to you three points to make and then i would like to introduce cementer corker. here is the first point. when the dust settles and everything is said and done, federal individual income taxes are not going to go up on almost all americans next year. that needs to be settled this weekend by the votes and after the first of the year, so that's the most important point for americans to know. for almost all americans when the dust settles taxes, individual income taxes won't be going up next year. all the talk is about taxes but what we should talk about today is the medicare fiscal clef, the looming bankruptcy in the program that seniors depend upon to pay the medical bills for the millions of americans who are counting the days until they are eligible for medicare so they can afford the medicare bill, it would be a tragedy if when they get to that day there isn't enough money to pay the bills but according to the medicare trustees that d
during world war ii, where he met phil hart and bob dole. and can you imagine those three great men coming together serving our country, wounded, doing rehabilitation at a hospital together in michigan and all going on to be involved in public service as united states senators. that building is still standing. it is no longer a hospital. it's another federal building. it's our great honor in michigan to have that building named the hart dole inouye federal center honoring all three of these outstanding leaders. senator inouye was a great mentor for me as well as so many of us in the senate. coming to the senate always encouraging me, during the elections always telling me to hang in there and theupbgdz would -- things would go well and it would be great. always the person with the smile on his face encouraging each and every one of us. he was there encouraging me when we were fighting for our economic lives in michigan with the automobile industry saying it was going to be okay, we'd be able to get through it and that things would be better on the other side. and he was right. with
other young men, a soldier from kansas named bob dole, and one from michigan named phil hart. they formed a lifelong bond, one that endiewrd all the way to the u.s. senate. in 2003 when we dedicated that
considering. now, even some democrats have been open to this idea. according to bob woodward's book, "the price of politics," the white house was willing to look at changing the c.i.p. as part of the so-called grand bargain last year. the simpson-bowles commission included it as one of their solutions. the president himself reportedly had a version of chained c.i.p. in his latest offer on the fiscal cliff. madam president, that's progress. it shows that some democrats are open to serious ideas and real solutions. because we need to do something to relieve the burden of washington's crushing debt, this is something to consider. more revenue is going to have to be part of the solution and republicans have said so. substantial cuts in spending must be part of the answer as well washington does noav problem, ia spending problem. that problem is centered on entitlement programs that are growing far too quickly. switching to the chained c.p.i. is a reasonable first step that we could take now to start to rein in washington's out-of-control spending so that we can save and protect social securit
Search Results 0 to 8 of about 9